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797: Enabling Startups To Give Investors the Information They Want

797: Enabling Startups To Give Investors the Information They Want

FromThe Tech Talks Daily Podcast


797: Enabling Startups To Give Investors the Information They Want

FromThe Tech Talks Daily Podcast

ratings:
Length:
19 minutes
Released:
Mar 15, 2019
Format:
Podcast episode

Description

It's harder than ever for Incubators/Accelerators to get their portfolio companies funded. Investors are more demanding and want to see the numbers behind the story. Revenue projections, customer acquisition costs, lifetime value projections, how they interact with each other, and the assumptions behind the projections. Portfolio companies fail miserably in understanding, presenting, and backing up such numbers for investors. THE PROBLEM – GETTING FUNDED Typically less than 20% of portfolio companies are getting funded or receive follow on investments. One of the major reason - they are not getting funded - is because they do not understand the metrics that matter – and do not know how to model their business and present it to investors. Excel - the business modeling tool of choice – produces models that are either too simplified, or overly complicated... and always error-prone. Investors have no patience for incompetence. THE SOLUTION – GIVING INVESTORS WHAT THEY WANT Lean-Case gives Incubators, Accelerators, and their portfolio companies the ability to quickly model and simulate different business models – accurately – and present the metrics in an investor-friendly format. This will dramatically increase the close rate on getting portfolio companies funded. After hearing how Lean-Case covers more than 10 different business and forecasting models, I invited Eckhard Ortwein, Entrepreneur, business model expert and founder of Lean CASE onto my daily tech podcast to find out more.  
Released:
Mar 15, 2019
Format:
Podcast episode

Titles in the series (100)

Fed up with tech hype and buzzwords? Looking for a tech podcast where you can learn and be inspired by real-world examples of how technology is transforming businesses and reshaping industries? Keep informed of the latest business and tech trends by listening to stories of other people in your field and how they are overcoming challenges with emerging technologies. Learn from the guest's actionable tips, and lessons learned to obtain greater clarity and how you can leverage technology. In this daily tech podcast, Neil interviews tech leaders, CEOs, entrepreneurs, futurists, technologists, thought leaders, celebrities. I have also teamed up with Citrix and its Citrix Ready partners to reveal how they are solving problems together while building the future of work. We discuss how tech trends such as AI, machine learning, 5G, IoT, AR, VR blockchain, crypto, and digital transformation strategies are already reshaping our world. Guests from every industry educate listeners through sharing their road to success, startup stories, and how technology transformed their business and life. Join me for a daily dose of optimism and motivation as I prove that technology really does work best when it brings people together.